Community Foundation Ireland proposes five pilot funds worth €10m each for local donors
Community Foundation Ireland has asked local authorities to support the roll out of pilot public-private partnerships to deliver community services.
The agency, which has distributed large amounts to communities from fundraising efforts, including the Late Late Toy Show appeal, has identified existing projects it works on that could be expanded. It has also identified a sustainability fund in Mayo, currently building on a scoping study which has identified local climate and biodiversity actions, that could be targeted.
The foundation calls for a national awareness campaign for legacy giving and believes reform of capital acquisitions tax should be considered to incentivise donations from inherited wealth, which it estimates at €9 billion annually. She added that a partnership approach with public and private funding working together could deliver a greater impact.
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